Benefits of Solar Energy
Solar energy comes with multiple advantages. Let's look at a few of them.
- Lowered energy bills: With a solar array, you create power without paying the tacked-on costs of grid-connected power. Going off-grid can eliminate your bills completely. Plus, a significant number of states offer net metering, which permit you to earn money by selling your unused energy back to the grid.
- Reduced carbon footprint: Using solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.
- Better energy independence: Adding a solar battery storage system lets you have reliable energy during storms and grid outages.
What Solar Incentives Are Available to Baton Rouge Homeowners?
Governments and power companies often reward homeowners for going solar. Here are some of the rebates, tax credits or other programs you could qualify for.
Incentive Type: Property Tax Incentive
Incentive Amount:
100%
Incentive Type: Loan Program
Website: dnr.louisiana.govIncentive Amount:
$6,000 from LA DNR
Incentive Type: Rebate Program
Website: energysmartnola.infoIncentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Baton Rouge
The more comprehensive your company investigation is, the better your solar panels will ultimately function. Consider all of these factors in your company search.
Licensing and Training
In Louisiana, contractors can earn a solar energy endorsement, or "classification," on their commercial contracting license. To do this, they need to obtain electrical, mechanical, or building endorsements first, then pass a test or submit a copy of their certification with NABCEP. Solar companies can also pursue accreditations from trade groups and standards organizations. The most prestigious ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Baton Rouge
Your solar modules' style will impact how much electricity you can produce. Monocrystalline panels are among the highest quality and cost the most but perform the best. Polycrystalline panels offer you a budget panel with a traditional design, but at the cost of less power generation. Thin-film panels have a low cost and are excellent for non-traditional roofs, but aren't recommended for large home installations.
If you'd like to charge an electric vehicle (EV) or use your solar power in dark weather, you can pay extra for add-ons. By selecting the right components, you can make your system more effective and user-friendly. Not every solar contractor includes these add-ons, so look for a provider that installs them if it's a priority for you.
Generally speaking, it costs about $19,000 for a five-kilowatt solar array in Baton Rouge. This table displays more specific costs for different solar panel types and system components in your area.
Solar Panel Cost | Average Cost |
---|---|
Solar Monocrystalline | $1,106 |
Solar Polycrystalline | $862 |
Thin-Film | $504 |
Solar Battery | $708 |
Solar Home EV Charger | $2,654 |
Financing Solar Energy in Baton Rouge
Choosing the ideal financing option will impact your overall solar system cost and potential savings. Common payment options include power purchase agreements, loans, cash payments, and leases. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving solar incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Similar to a car or home loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to pay a monthly fee to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally don't recommend these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be appropriate in certain circumstances. Ask each installer you're considering about the financing options it offers. A consultant can help you determine the most suitable option for your financial situation.
The table below lists the average payback periods for different capacities of solar systems in Baton Rouge.
You can claim a 26% federal solar tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.
Solar System Capacity | Estimated Payback period |
---|---|
1 kW | 2.2 years |
2 kW | 4.4 years |
5 kW | 11.0 years |
10 kW | 21.9 years |
Ready to Get a Quote on Your Solar Project?
Please enter a valid 5-digit zip code!
Frequently Asked Questions About Solar in Baton Rouge
How much money could I save by going solar in Baton Rouge?
How prevalent is solar energy in Baton Rouge?
Should I anticipate a boost in my property value after installing solar panels?
How many years will a standard solar system last?
Is installing solar panels a quick job?
What size should my new Baton Rouge solar system be?
What are the signs I shouldn't use a particular solar company for my job?
- Pushy sales approach
- Being evasive about training and credentials, warranties, cost and references
- "One-size-fits-all" approach
- Rushing through the site assessment
- More mixed or negative reviews than positive ones
How many estimates should I get before making a final solar company decision?
To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.